Buy Reliance Capital for target of Rs 580: Mitesh Thacker

"In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com shares his views on Reliance Capital."

ET Now: What is your view on Reliance Capital?

Mitesh Thacker: Reliance Capital is a buy. The stock has gapped up today and along with Exide on the insurance side, which is showing lot of potential. So buy it once it starts getting past Rs 540-541 with a stop below Rs 520, look for targets of Rs 575-580.